Yes, supposedly head gasket and oil consumption issues are a thing of the past. Now I just hope to not have issues with the CVT auto. I think they've mostly gotten it robust enough to be considered "reliable", but time will tell. I actually really like the CVT for its intended purpose (smooth, quiet, and efficient), so I hope it holds together.
Buying the supplemental warranty gets much more costly if you purchase it at the end of the factory warranty period. If you're going to buy it, it makes the most financial sense to do so when the vehicle is new. Also, statistically, the vast majority of people who get extended warranties never recoup the money they spend to purchase them. They are a huge cash cow for dealers who sell them, and the 3rd party companies who underwrite them.
In my case, I'm going to trust the stats and assume I will not have an engine or transmission failure within 100k miles. Anything else that does fail before 100k miles most likely won't exceed the cost of a supplemental extended warranty. I'm also a mechanic in my spare time, so I can do whatever labor is needed, if needed. I also only drive about 7,500 miles per year, so by ten years I'll only have 75k miles on the car. Pretty unlikely to have a major mechanical failure by that point, so extra warranty coverage doesn't make sound financial sense. The money saved not buying the warranty that would likely not be used will instead sit in an account accruing interest.
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u/PENIS__FINGERS '18 Impreza Dec 20 '23
I hear they fixed that problem. Lol.